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[sharechat] smoke pouring out of the thinking cap working the sums


From: "ritchie marr" <ritchie_marr@hotmail.com>
Date: Wed, 09 Feb 2000 02:56:44 PST


Hi Terry,
If the investor bought the shares at $1 and a while later they were worth 
only 85c then according to my maths that is only a 15% loss.
$150,000 x15% is only a $22,500 (paper loss)........and I do use "only" in 
the sense of the word, as I still consider it a reasonable sum.
Just a thought!
Ritchie
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